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Fitness - Gymnasium - Full Service Gym - Fitness Centre - Superb Equipment - Central Coast - Low Rent - 185+ Members For Sale

Tuggerah, New South Wales, Australia
Asking Price:
$149,000 (AUD)
Sales Revenue:
$364,000 (AUD)
Cash Flow:
$185,900 (AUD)

Fitness centre with an emphasis on functional fitness fully set up with no further outlays required. - This near new gym features new state of the art Rogue branded equipment. -As this facility is only two years old and being situated in a growth corridor the potential for high profits is firmly established. - Other equipment includes body scanner, extensive circuit equipment, high level of general weight and conditioning equipment, shower facilities and a sauna. - Also included is a separate physio/body work room which is sub lettable which will halve rental liability. - Currently the centre has around 185 members on weekly plans and also is a participant in the NSW Government Fitness Passport scheme thus increasing patronage. - Approx. 47 classes are conducted p.w. indicative of a full service fitness centre and gymnasium.

Potential
Further expand memberships. - Develop local school fitness classes. - Develop seniors daytime market. - Develop franchise model emphasing functional fitness.

Features
State of the art equipment. - Written circuit and functional systems. - Growth area. -Business in growth phase. - Well located. -Strong sub-lease potential. - Low rent. - Quality website.

Premises
Near new airy gym with reception, facilities and sauna, and large circuit, weight and integrated class areas totalling 450 sq.mts.

Location
Well located in vibrant industrial area with large working population in a desirable growing Central Coast township.

Trading Hours
7 days - Mon. - Fri. - 5 a.m. - 7 p.m. - Sat. - Sun. - 6 a.m. - 5 p.m.

Lease
5 year lease to March 2025 + 5 year option. - 3% annual increases. - 3 month security bond

Employees
1 part-time owner + 2 casuals. - Several independent ABN trainers.

Comments

Property Information

Location:

Well located in vibrant industrial area with large working population in a desirable growing Central Coast township.

Business Operation

Expansion Potential:

Further expand memberships. - Develop local school fitness classes. - Develop seniors daytime market. - Develop franchise model emphasing functional fitness.

Trading hours:

7 days - Mon. - Fri. - 5 a.m. - 7 p.m. - Sat. - Sun. - 6 a.m. - 5 p.m.

Employees:
1 part-time owner + 2 casuals. - Several independent ABN trainers.
Years established:
March 2020

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